Markets

Financial Sector Update for 09/08/2017: FSBW

Top Financial Shares:

JPM: +0.5%

BAC: +0.7%

WFC: +0.4%

C: +0.6%

USB: +0.3%

Financial shares were mainly higher in early trade Friday.

In financial stocks news, FS Bancorp ( FSBW ), the holding company for the regional 1st Security Bank of Washington, said Friday it has priced an upsized offering of 510,638 common shares at $47.00 each, for gross proceeds of $24.0 million.

Shares in the company were 3.4% lower at $47.85 in early trade. The stock has traded between $27.01 and $51.72 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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